Earnings season has a tendency for some volatility. It's a good opportunity to get in lower, then sell higher, or just buy low and sit on it while it grows (hopefully!) An old mantra is buy on the rumour, sell on the news. This is very true when applied to ASX listed stocks, especially in energy and mining. I've said it before and will say it again..... one has to keep a close eye on Joint Ventures (JV's) and Mergers and ...
The Australian stock market has demonstrated strong performance, rising by 1% in the past week and an impressive 9% over the past year. With earnings expected to grow by 14% annually, this favorable economic climate makes dividend stocks particularly attractive for investors looking for both stability and potential income growth. Within the Australian market, we have highlighted the top 10 companies with the best performance ...
Who is Wesfarmers Ltd? $Wesfarmers Ltd (WES.AU)$, based in Australia, is a diversified conglomerate established in 1914. Originally founded as a farmers' cooperative in Western Australia, it has grown to become one of the largest retail companies in Australia and is also listed among the Global Fortune 500 companies. Headquartered in Perth, Western Australia, Wesfarmers has extensive operations across various industries. Its retail op...
Hey guys, minimum wage is up and it's bound to have some ripple effects on ASX shares! More cash in workers' pockets spells good news for consumer spending and likely a boost for various sectors. With the wage hike slightly above inflation, we can expect a boost in consumer spending, which is music to the ears of companies selling discretionary goods and services. This is good news for most ASX shares in consumer discretionary, staples, healthcare...
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I honestly think that horse has already bolted Phillip and what the Government is doing definitely wont help my higher for longer view
Hey, market explorers! ! 👋 Let's dive into how the federal budget affects our beloved Australian assets, shall we? 🚀 💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦 📈 Bonds - Another surplus on the horizon, but hold...
In Australia mortgage holders and owners of ASX small caps will be on guard with RBA Governor’s press conference on Tuesday being a big focus, and whether or not potential rate hikes could be on the cards this year. That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...
Inflation in Australia came in much higher than economists expected…..I doubt normal Aussies were surprised as we’re all watching the purchasing power of our money dwindle in real time.$Wesfarmers Ltd (WES.AU)$$Telstra Group Ltd (TLS.AU)$
Wesfarmers Ltd Stock Forum
An old mantra is buy on the rumour, sell on the news. This is very true when applied to ASX listed stocks, especially in energy and mining.
I've said it before and will say it again..... one has to keep a close eye on Joint Ventures (JV's) and Mergers and ...
JB Hi-Fi Shares Surge As Officeworks Owners Shares Wobble
With earnings expected to grow by 14% annually, this favorable economic climate makes dividend stocks particularly attractive for investors looking for both stability and potential income growth. Within the Australian market, we have highlighted the top 10 companies with the best performance ...
$Wesfarmers Ltd (WES.AU)$, based in Australia, is a diversified conglomerate established in 1914. Originally founded as a farmers' cooperative in Western Australia, it has grown to become one of the largest retail companies in Australia and is also listed among the Global Fortune 500 companies. Headquartered in Perth, Western Australia, Wesfarmers has extensive operations across various industries.
Its retail op...
Poor cafe owners - so worried about their next Porsche upgrade? $S&P/ASX 200 (.XJO.AU)$ $BHP Group Ltd (BHP.AU)$ $Rio Tinto Ltd (RIO.AU)$ $Wesfarmers Ltd (WES.AU)$ $Telstra Group Ltd (TLS.AU)$
With the wage hike slightly above inflation, we can expect a boost in consumer spending, which is music to the ears of companies selling discretionary goods and services. This is good news for most ASX shares in consumer discretionary, staples, healthcare...
💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦
📈 Bonds - Another surplus on the horizon, but hold...
• Top losers: $Coronado Global Resources Inc (CRN.AU)$ $Super Retail Group Ltd (SUL.AU)$ $JB Hi Fi Ltd (JBH.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 1.1% lower at 7721.6, snapping a five-session run of gains amid weakness in shares of banks and consumer-facing companies.
The benchmark i...
That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...
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